Clipped from: https://www.businesstoday.in/latest/economy/story/cad-moderates-marginally-to-12-of-gdp-in-july-september-of-fy25-rbi-data-458786-2024-12-27 Net services receipts rose to $44.5 billion in Q2 2024-25, compared to $39.9 billion in the previous year, reflecting a growth in services
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HCES 2023-24: Average monthly spending by households increases further, non-food items account for more than half the expenditure – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/hces-2023-24-average-monthly-spending-by-households-increases-further-non-food-items-account-for-more-than-half-the-expenditure-458771-2024-12-27 Consumption inequality, both in rural and urban areas has declined from the level of 2022-23, says government Considering the imputed values of items
RBI flags unsecured lending, private credit; calls for enhanced vigilance | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-flags-unsecured-lending-private-credit-calls-for-enhanced-vigilance-124122600957_1.html Banks’ gross NPA ratio further falls to 2.5 per cent in Sep 2024 Photo: Bloomberg The Reserve Bank of India (RBI) has flagged
GST reforms: A roadmap to rationalisation, revenue, and regime evolution | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/gst-reforms-a-roadmap-to-rationalisation-revenue-and-regime-evolution-124122601069_1.html From rate rationalisation to cess management and expanding the GST base, India’s evolving tax regime faces critical design and compliance challenges requiring balanced
Genesis: A thought-provoking guide to balancing AI’s promise and perils
Clipped from: https://www.business-standard.com/book/ai-as-a-humane-force-124122601111_1.html Henry Kissinger, Eric Schmidt, and Craig Mundie unveil a roadmap to balance AI’s transformative potential with safeguards for a sustainable, human-centred future Genesis:
NBFCs must further lower reliance on bank borrowings, RBI report says – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/nbfcs-must-further-lower-reliance-on-bank-borrowings-rbi-report-says/article69029496.ece NBFCs must be vigilant about the rise in the shares of SMA-0 and SMA-1 accounts in FY24 Even as the dependence of non-banking
Bank frauds more than double to 36,066 in FY24 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bank-frauds-more-than-double-to-36066-in-fy24/article69029836.ece While private lenders reported the maximum number of frauds, PSBs suffered more in terms of amount. Banks have reported 36,066 number of frauds
Sweet and sour GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/sweet-and-sour-gst/article69030018.ece In its current form, it is neither simple nor single Finance Minister Nirmala Sitharaman’s clarification on why salted popcorn is taxed at 12
Half hearted reforms in arbitration process – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/half-hearted-reforms-in-arbitration-process/article69030038.ece Despite the proposal to amend the 2015 Act, the govt remains lukewarm to push arbitration The Centre, on November 8, proposed amending the
Time to boost demand drivers of growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/time-to-boost-demand-drivers-of-growth/article69030052.ece Increased allocations towards PM-KISAN and MGNREGA in the upcoming Budget can spur growth Amidst global uncertainties, the Indian economy has demonstrated remarkable resilience,
Let’s not be prejudiced about microfinance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/lets-not-be-prejudiced-about-microfinance/article69030254.ece They are the lifeblood of the informal economy. Right regulation, and not over-regulation is the answer Intelligentsia has been perceiving micro finance institutions
RBI may tighten criteria for top-up loans to mitigate risks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-may-tighten-criteria-for-top-up-loans-to-mitigate-risks/article69030206.ece Central bank mulls expanding the scope of regulations pertaining to “foreclosure charges/ pre-payment penalties on loans” to small enterprises After tightening the criteria
👍👍👍👍👍Health insurance: Claim rejections by insurance companies went up by 19.10% in FY24 – BusinessToday
https://www.businesstoday.in/personal-finance/insurance/story/health-insurance-claim-rejections-by-insurance-companies-went-up-by-1910-in-fy24-458593-2024-12-26 Claims disallowed by insurance companies amounted to Rs 15,100 crore, up from Rs 12,754 crore in the previous year. Additionally, insurers repudiated claims totaling
1-IT industry treads with a sense of cautious optimism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/it-industry-treads-with-a-sense-of-cautious-optimism/article69029304.ece Amid gloom caused by global economic headwinds and geopolitical challenges, the Indian IT industry managed to weather one of the toughest years in
Downward drift – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/downward-drift/3699395/ RBI, which has been intervening in currency markets to prevent a sharp fall in the rupee, must reassess its stance. Reserve Bank of India
👍A middle-class meltdown – Industry News | The Financial Express
Clipped from: https://www.financialexpress.com/business/industry-a-middle-class-meltdown-3699974/ Economic shift, stagnating real income post Covid weighs on spend on daily items. Rural volume growth numbers are likely to show a further
Household liabilities rise to 6.4 per cent of GDP in FY24 – Economy News | The Financial Express
The net financial liabilities of India’s households went up to Rs 18.79 lakh crore in FY24 or 6.4% of GDP, a rise over the previous
Understanding monetary transmission – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/understanding-monetary-transmission/article69026757.ece The credit route to managing policy transmission has received more emphasis than the deposits route Monetary transmission in simple terms is the mechanism
AI, capitalism, and ethics: The urgent need for responsible governance
Clipped from: https://www.business-standard.com/opinion/columns/ai-capitalism-and-ethics-the-urgent-need-for-responsible-governance-124122301123_1.html Without human feelings and consciousness, AI, like any technology, is an ethics-free enterprise Artificial intelligence (AI) is rapidly becoming independent of human direction,
Will Budget 2025-26 fulfil promises on fiscal deficit and reforms? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/will-budget-2025-26-fulfil-promises-on-fiscal-deficit-and-reforms-124122401170_1.html The big question is whether the finance minister will revert to the fiscal consolidation timelines or medium-term projections as provided under the Fiscal